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@taskmaster4450le "For the current quarter, Oracle expects revenue gr..." by taskmaster4450le

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@taskmaster4450le "For the current quarter, Oracle expects revenue gr..."
For the current quarter, Oracle expects revenue growth of 7% to 9%. At the midpoint of that range, revenue would be about $14.3 billion. Analysts were expecting sales of $14.65 billion, according to LSEG. The company said it expects adjusted earnings of $1.50 to $1.54 per share. Analysts were calling for earnings per share of $1.57.

In September, Oracle raised its fiscal 2026 revenue guidance to $66 billion, which was about $1.5 billion more than what analysts projected. During that month, Oracle also announced that its cloud unit would start taking customer orders for so-called computing clusters derived from more than 131,000 Nvidia "Blackwell" graphics processing units, used for AI model training and related tasks.
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